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World bank sees significant inflation risk

Energy prices are expected to inch up in 2022. The World Bank said in its latest Commodity Markets Outlook that this is after surging more than...

Caixabank considers selling 9.92% stake in Erste group

Spain’s Caixabank said that it was considering selling its entire 9.92% stake in the Austrian lender Erste Group Bank. The stake has currented a market value...

Emerging economies have embraced digital banking

It’s now entirely uncontroversial to make payments, transfer money, and communicate with banks entirely through mobile apps and websites. The rise of online-only challenger...

48 branches of Lloyds Bank to close again

Lloyds Banking Group will close a further 48 branches across England and Wales. This is stated by the British lender. This is because it seeks...

Bundesbank chief Weidmann quits early

Bundesbank President Jens Weidmann will step down more than five years early. This will open the door for Germany’s new government to pick a less...

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